By James Farley
It always amazes me that benefit advisors will tell a plan sponsor that they should self insure their medical plan in order to save money and then turn around and sell that same plan an insured dental and/or vision plan.
Continue reading Why Insure Dental & Vision Benefits?
WHAT PLANS ARE REQUIRED TO COMPLY?
Continue reading GAG CLAUSE ATTESTATION REQUIREMENT DUE 12/31/2023
Patient dumping or smart risk management? Are lasers relevant anymore? The HOT POTATO risk transfer method……………….
“Exchange Dumping is a risk transfer mechanism whereby plan sponsors may induce high-risk plan participants to opt out of employer-sponsored coverage in favor of insurance available on the individual market. If properly designed, such an employer dumping strategy can promote the interests of both employers and employees by shifting health care expenses on to the public at large.” – Amy Monahan and Daniel Schwarcz, Associate Professors of Law at University of Minnesota Law School
Continue reading High Cost Claim Diversion Strategy Saves Plan Sponsors Big Bucks